Mondelez International (NASDAQ: MDLZ) reported that its organic sales increased by 3.4% in Q3, slightly missing the consensus estimate of 3.8%.
In North America, organic sales declined by 0.3%, but this still surpassed the consensus expectation of a 1.9% decrease.
Meanwhile, organic sales in Latin America rose by 4.7%, contributing positively to the company’s overall performance.
https://seekingalpha.com/news/4509656-mondelez-international-falls-after-reeling-in-sales-growth-expectations-amid-volume-pressure?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news